A novel Blockchain based Demand response decentralized ecosystem - PowerPoint PPT Presentation

A novel Blockchain based Demand response decentralized ecosystem

Project overview ■ Action: Horizon 2020 Research & Innovation programme ■ Project length: 36 Months ■ Coordinator : Engineering – Ingegneria Informatica SPA ■ Partners: 10 - Italy, Spain, Greece, UK, Romania

Project overview Context The European Commission strategic framework seeks for an improved and modernized European energy market, targeting to achieve secure, sustainable, affordable and decentralized energy networks. Challenge There are very few examples of the successful deployment of DRS technologies that consider VPP as well as decentralized approaches towards achieving a reduction in peak grid demand and real savings for final consumers. Solution eDREAM vision is for a novel near real time Closed Loop optimal blockchain based Demand response ecosystem Impact Boot the flexibility of energy users and the smartness of the grid, enabling a smooth integration of renewables, generating 10% emission savings demonstrated and 25% cost saving and energy reduction for customers.

eDREAM objectives Investigate and develop novel blockchain applications for Develop innovative tools for Investigate and develop scalable decentralized marketplace-driven demand response optimal finer-grained technologies for management and control of DSO vs programs design, including DR enabling aggregators to optimally third party/aggregators interaction, forecast, profiling, segmentation manage clusters of flexibility closed Loop near real time DR and load forecasting. sources. performance and secure data handling. Research and validate innovative Develop innovative and user- market design and business models Validate the developed technology friendly Demand Response to support prospective on a number of use cases and two Optimization services tailored to commercialisation of the developed demonstration sites. energy customers. and validated eDREAM tools and technologies.

eDREAM vision is for:  a novel near real time Closed Loop optimal blockchain based Demand Response ecosystem ,  where Distribution System Operators (DSO) and Aggregators cooperate within a novel yet appropriate market framework,  with a view to exploit to the largest possible extent the flexibility potential of a large variety of heterogeneous third party stationary and movable load assets,  while keeping system reliability within prescribed limits and preserving continuity and security of supply.

eDREAM Vision

eDREAM pilot use cases Pilot case UK Aerial DR potential; • Customer Segmentation and Clustering; • DR Strategies Assessment; • Community-based Virtual Power Plants. • Pilot case Italy Secure blockchain driven control of LV; • Blockchain DR verification and financial settlement; • Flexibility Analysis of Distributed Generation and Energy • Resources (storage, V2G and G2V); Active Micro-Grid for DSO system flexibility service. •

Project consortium

Find out more www.edream-h2020.eu Follow us: Twitter: @eDREAMh2020 This project has received funding from the European Union’s Horizon 2020 research & innovation programme under grant agreement n°774478